trademark

Verizon has been awarded $33.15 million in damages by the Northern District of California federal court. Domain registrar OnlineNIC has to pay it due to cybersquatting 663 of it’s domain names. The domain names were either identical or similar compared to Verizon’s trademarks. OnlineNic also has to pay for Verizon legal costs.

Various domain name registrars have been actively trying to encourage trademark owners to apply for their own .tel domains before the landrush date which is February 3 at 3:00 p.m. GMT. The sunrise period began on December 3 when trademark owners were allowed to register for a non-refundable fee that costs $399.